Tag: Business - Page 10
News 3DS Hardware Sales Show Big Improvements
Not all doom and gloom
Nintendo just posted a 70 billion Yen loss: even the least economically minded of us can tell you that's not good. Every cloud has a silver lining though, and in this case it's the dramatically increased upswing in sales of the 3DS. In the period between April and June 2011, Nintendo shifted just 710,000 consoles around the...
News Nintendo Posts 70 Billion Yen Net Loss in Past Quarter
The results are in
Nintendo's quarterly financial results just appeared on the company's Japanese site and, as expected, the company is still struggling in the market. Nintendo failed to meet its sales targets set in July 2011, with DS software and the 3DS still dropping short of expectations, missing its ¥240 billion income target by 10%. This in...
News Nintendo Social Responsibility Report Makes Fascinating Reading
"Putting smiles on faces" paramount
Nintendo is all about creating games, but it's also a huge company with all the business stuff that entails: shareholders, finance sheets and stacks of paperwork. Business documents can be exceedingly boring, but when Nintendo's Corporate Social Responsibility (CSR) report starts with a message of "Bringing...
News Profits Down 46% As Nintendo Makes $1.3 Billion
Cuts sales projections for Wii and DS
The accounting period just before launching a new console is always a tough one: who's likely to shell out for a machine when a newer, shinier model is on the horizon? Perhaps that's partly to blame for a sharp decrease in Nintendo's third-quarter profits which saw the company's operating profit drop to $1.3...
News Konami to Take Over Hudson in April
Studio to be absorbed like one of Bomberman's explosions
Hudson, well known for its Bomberman and Deca Sports series, is to be fully absorbed by Konami on April 1 of this year. Konami, the studio behind Castlevania, Dance Dance Revolution, Silent Hill and many other titles has been Hudson's parent company since April 2005, holding a 54% stake. The...
News Nintendo and American Heart Association Team Up to Promote Healthy Living
Collaboration intends to get more people active through physical play
Nintendo and the American Heart Association have announced a new partnership to help people become more physically active through play. The collaboration aims to get people "motivated, empowered and active." What this means on a surface level is that Nintendo's...
News Miyamoto: Nintendo May Need to Rethink its Online Approach
Says a pay service isn't out of the question
Compared to Xbox Live and PlayStation Network, the Wii's online service is...somewhat lacking. While functional when put to use by capable hands, the Wii's free online is undoubtedly in last place when it comes to services, ease of use and capabilities offered. But hey, it's free, right? For now it is, at...
News Former Nintendo Executive Lands Marketing Role at 38 Studios
Could she be a Red Sox fan?
Denise Kaigler, former vice president of corporate affairs at Nintendo of America, has reintegrated herself into the video game industry after giving up her position last November due to the strain commuting had put on her family life. Prior to her two years of service at Nintendo, Kaigler held a marketing executive...
News Nintendo Relicenses SC Texture Technology
Unwilling to let GameCube compression tech go
Nintendo recently renewed their license with S3 Graphics to continue using their S3 Texture Compression technology. They explain the tech as follows: S3TC texture compression uses an advanced compression algorithm that achieves up to six-fold compression of complex textures and images that are used in...
News It's Official: Nintendo is the Best
Are you going to argue with the experts at A.T. Kearney, punk?
As hardcore Nintendo fans we're all aware that the company is pretty freakin' special. However, it's always nice to have this kind of thing confirmed semi-officially, so the fact that highly respected consulting firm A.T. Kearney has decided that Nintendo is the number one firm in the...
